nonacceptance of a bill

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• dishonor by nonacceptance — A term of the commercial law. A bill is dishonored by nonacceptance when it is duly presented for acceptance and the prescribed acceptance is refused or cannot be obtained, or when presentment for acceptance is excused and the bill is not… …   Ballentine's law dictionary

• foreign bill — A bill of exchange which is not, or does not purport to be, both drawn and payable within the state. Uniform Negotiable Instruments L § 129. The primary importance of the distinction between an inland and a foreign bill of exchange lies in the… …   Ballentine's law dictionary

• To protest a bill — Protest Pro*test , v. t. 1. To make a solemn declaration or affirmation of; to proclaim; to display; as, to protest one s loyalty. [1913 Webster] I will protest your cowardice. Shak. [1913 Webster] 2. To call as a witness in affirming or denying …   The Collaborative International Dictionary of English

• dishonor — Loss of respect; shame and disgrace. Nonpayment of a bill or note. Nonacceptance of a bill or draft. See fraud or dishonesty …   Ballentine's law dictionary

• supraprotest — “+ noun Etymology: modification of Italian sopra protesto upon protest : an acceptance or payment of a bill by a third person for the honor of the drawer after protest for nonacceptance or nonpayment by the drawee * * * /sooh preuh proh test/, n …   Useful english dictionary

• Bangladesh — /bahng gleuh desh , bang /, n. republic in S Asia, N of the Bay of Bengal: a member of the Commonwealth of Nations; a former province of Pakistan. 125,340,261; 54,501 sq. mi. (141,158 sq. km). Cap.: Dhaka. Formerly, East Pakistan. * * *… …   Universalium

• protest — protestable, adj. protester, protestor, n. protestingly, adv. protestive, adj. n. /proh test/; v. /preuh test , proh test/, n. 1. an expression or declaration of objection, disapproval, or dissent, often in opposition to something a person is… …   Universalium

• Protest — Pro test, n. [Cf. F. prot[^e]t, It. protesto. See {Protest}, v.] 1. A solemn declaration of opinion, commonly a formal objection against some act; especially, a formal and solemn declaration, in writing, of dissent from the proceedings of a… …   The Collaborative International Dictionary of English

• Protest — Pro*test , v. t. 1. To make a solemn declaration or affirmation of; to proclaim; to display; as, to protest one s loyalty. [1913 Webster] I will protest your cowardice. Shak. [1913 Webster] 2. To call as a witness in affirming or denying, or to… …   The Collaborative International Dictionary of English

• To protest a note — Protest Pro*test , v. t. 1. To make a solemn declaration or affirmation of; to proclaim; to display; as, to protest one s loyalty. [1913 Webster] I will protest your cowardice. Shak. [1913 Webster] 2. To call as a witness in affirming or denying …   The Collaborative International Dictionary of English

• referee in case of need — A person whose name is inserted in a bill of exchange by the drawer or any indorser, as a person to whom the holder may resort in case of need, that is to say, in case the bill is dishonored by nonacceptance or nonpayment. It is in the option of… …   Ballentine's law dictionary